Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs

1
Dr. Rishipal
Dr. Rishipal Ph.D., MBA
2
Nidhi Jain
Nidhi Jain
1 Indus Institute of Engineering & Technology, Jind (affiliated to Kurukshetra University Kurukshetra)

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GJMBR Volume 12 Issue 22

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The research presents a descriptive study with empirical evidence which enquired the association between need for achievement and risk Adaptiveness among entrepreneurs. Study explores the fact, how need for achievement appetite ignites the desire for risk taking among entrepreneurs. For the purpose of survey a sample of 100 entrepreneurs, 50 each from small and large scale enterprises, were taken. Results of study exhibited that need for achievement was major factor to influence the degree of risk Adaptiveness among entrepreneurs. Mean value for Risk Adaptiveness among small scale entrepreneurs was (M = 14.86) whereas for large scale entrepreneurs was (M = 22.68). It was clear from the mean value of Risk Adaptiveness that the large scale entrepreneurs were more adaptive to the risk in comparison to small scale entrepreneurs. These findings have also been supported by the t value (t = 9.391, p < 0.01).

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No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Dr. Rishipal. 1970. \u201cNeed for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs\u201d. Unknown Journal GJMBR Volume 12 (GJMBR Volume 12 Issue 22): .

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GJMBR Volume 12 Issue 22
Pg. 19- 23
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December 22, 2012

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The research presents a descriptive study with empirical evidence which enquired the association between need for achievement and risk Adaptiveness among entrepreneurs. Study explores the fact, how need for achievement appetite ignites the desire for risk taking among entrepreneurs. For the purpose of survey a sample of 100 entrepreneurs, 50 each from small and large scale enterprises, were taken. Results of study exhibited that need for achievement was major factor to influence the degree of risk Adaptiveness among entrepreneurs. Mean value for Risk Adaptiveness among small scale entrepreneurs was (M = 14.86) whereas for large scale entrepreneurs was (M = 22.68). It was clear from the mean value of Risk Adaptiveness that the large scale entrepreneurs were more adaptive to the risk in comparison to small scale entrepreneurs. These findings have also been supported by the t value (t = 9.391, p < 0.01).

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Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs

Dr. Rishipal
Dr. Rishipal
Nidhi Jain
Nidhi Jain

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